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China's Vulnerability Paradox

Author : Pascale Massot

Publisher : Oxford University Press

Page : 313 pages

File Size : 15,28 MB

Release : 2024-03-15

Category : Political Science

ISBN : 0197771424

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Book Description

China's Vulnerability Paradox explains the uneven transformations in global commodity markets resulting from China's contemporary, dramatic economic growth. At times, China displays vulnerabilities towards global commodity markets because of unequal positions of market power. Why is it that Chinese stakeholders are often unable to shape markets in their preferred direction? Why have some markets undergone fundamental changes while other similar ones did not? And how can we explain the uneven liberalization dynamics across markets? Through a series of case studies, Pascale Massot argues that the balance of market power between Chinese domestic and international market stakeholders explains their behavior as well as the likelihood of global institutional change. At a time of deepening US-China economic tensions, this book provides an alternative, granular understanding of the interacting dynamics between the political economy of Chinese and global markets.



The Paradox of Power

Author : David C. Gompert

Publisher : Government Printing Office

Page : 236 pages

File Size : 26,36 MB

Release : 2020

Category :

ISBN : 9780160915734

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Book Description

The second half of the 20th century featured a strategic competition between the United States and the Soviet Union. That competition avoided World War III in part because during the 1950s, scholars like Henry Kissinger, Thomas Schelling, Herman Kahn, and Albert Wohlstetter analyzed the fundamental nature of nuclear deterrence. Decades of arms control negotiations reinforced these early notions of stability and created a mutual understanding that allowed U.S.-Soviet competition to proceed without armed conflict. The first half of the 21st century will be dominated by the relationship between the United States and China. That relationship is likely to contain elements of both cooperation and competition. Territorial disputes such as those over Taiwan and the South China Sea will be an important feature of this competition, but both are traditional disputes, and traditional solutions suggest themselves. A more difficult set of issues relates to U.S.-Chinese competition and cooperation in three domains in which real strategic harm can be inflicted in the current era: nuclear, space, and cyber. Just as a clearer understanding of the fundamental principles of nuclear deterrence maintained adequate stability during the Cold War, a clearer understanding of the characteristics of these three domains can provide the underpinnings of strategic stability between the United States and China in the decades ahead. That is what this book is about.



The Paradox of Vulnerability

Author : John L. Campbell

Publisher : Princeton University Press

Page : 208 pages

File Size : 17,5 MB

Release : 2017-08-29

Category : Social Science

ISBN : 0691163251

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Book Description

Why are small and culturally homogeneous nation-states in the advanced capitalist world so prosperous? Examining how Denmark, Ireland, and Switzerland managed the 2008 financial crisis, The Paradox of Vulnerability shows that this is not an accident. John Campbell and John Hall argue that a prolonged sense of vulnerability within both the state and the nation encourages the development of institutions that enable decision makers to act together quickly in order to survive, especially during a crisis. Blending insights from studies of comparative political economy and nationalism and drawing on both extensive interviews and secondary data, Campbell and Hall support their claim by focusing on the three states historically and, more important, in their different responses to the 2008 crisis. The authors also devote attention to the difficulties faced by Greece and Iceland. The implications of their argument are profound. First, they show that there is a positive side to nationalism: social solidarity can enhance national prosperity. Second, because globalization now requires all states to become more adaptable, there are lessons here for other states, large and small. Lastly, the formula for prosperity presented here is under threat: highly homogeneous societies face challenges in dealing with immigration, with some responding in ways that threaten their success. The Paradox of Vulnerability demonstrates how the size and culture of a nation contribute in significant ways to its ability to handle political and economic pressures and challenges.



The Paradox of Power

Author : David C. Gompert

Publisher : Department of the Army

Page : 236 pages

File Size : 26,46 MB

Release : 2011-12-27

Category : History

ISBN :

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Book Description

Looking deeply into the matter of strategic vulnerability, the authors address questions that this vulnerability poses: Do conditions exist for Sino-U.S. mutual deterrence in these realms? Might the two states agree on reciprocal restraint? What practical measures might build confidence in restraint? How would strategic restraint affect Sino-U.S. relations as well as security in and beyond East Asia?



Creativity and Education in China

Author : Carol A. Mullen

Publisher : Routledge

Page : 197 pages

File Size : 22,47 MB

Release : 2017-03-16

Category : Education

ISBN : 131735334X

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Book Description

Published with Kappa Delta Pi, Creativity and Education in China takes readers on a journey through research-supported ideas and practical examples of creative and innovative schooling within a changing regime. Analyzing the consequences of exam-centric accountability on the creative and critical capacities of Chinese students, author Carol A. Mullen’s dynamic portrait of a country serves as both a cautionary tale and an inspiring example to emulate. Examining creative endeavors and breakthroughs within a competitive, globalized educational landscape, the chapters are organized around environmental and global issues impacting education, expressions of creativity within pre-K–12 schools in China, and creative innovation in higher education learning environments. Presenting captivating cases from the field, the book offers novel approaches to fostering creativity as a natural, integrated part of high-stakes education systems in Eastern and Western cultures alike.



Cme Vulnerability, The: The Impact Of Negative Oil Futures Trading

Author : George Xianzhi Yuan

Publisher : World Scientific

Page : 274 pages

File Size : 30,96 MB

Release : 2020-10-23

Category : Business & Economics

ISBN : 9811223211

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Book Description

In 2020, the global lockdowns caused by the COVID-19, or coronavirus, pandemic had resulted in a sharp drop in demand for crude oil. This impact was so severe that on April 8, 2020, a proposal to update the Chicago Mercantile Exchange Holdings Inc. (CME) trading rule to permit negative prices was applied to CME's WTI Oil futures contracts; this led to a novel phenomenon in which the closing clearing price of WTI Oil May future was $-37.63/barrel based on fewer than 400 contracts' trading volume in the last three minutes, reflecting less than 0.2% of the total trading contracts volume on April 20, 2020. This occurrence of negative closing clearing price for CME's WTI Oil futures trading, cannot be explained simply by just the principle of supply and demand; instead, it highlights vulnerabilities caused by CME's allowance of negative price trading (based on its trading platform), a decision which brings potential and fundamental challenges to the global financial system.This event challenges not just our basic concepts of 'value' and trading 'price' of commodities and goods that underline our understanding of the framework for the invisible hand and general equilibrium theory in economics established by a few generations of scholars since Adam Smith in 1776 for market economies, but also have wider implications on the fundamentals that underpin our ideas of value and labor in the organization, activity, and behavior of civilizations and individual liberties.The scope of this book is limited to covering the impact of the negative oil futures derivatives' trading between April 20 and 21, 2020. This book focuses on exploring the issues, challenges, and possible impacts on global financial markets due to the negative clearing prices of WTI Oil futures contracts and related problems from different perspectives. Topics covered include the responsibilities and liabilities of the CME; critique to the fundamental theory of economics and the modern understanding of value and labor; and challenges to the global financial systems and businesses and introduction to new methods of application.



Holding China Together

Author : Barry J. Naughton

Publisher : Cambridge University Press

Page : 318 pages

File Size : 39,51 MB

Release : 2004-07-26

Category : Political Science

ISBN : 1139454501

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Book Description

Despite many predictions of collapse and disintegration, China has managed to sustain unity and gain international stature since the Tiananmen crisis of 1989. Originally published in 2004, this volume addresses the 'fragmentation/disintegration thesis' and examines the sources and dynamics of China's resilience. Through theoretically informed empirical studies, the volume's authors look at key institutions for political integration and economic governance. They also dissect how difficult policies to regulate economic and social life (employment and migration, population planning, industrial adjustment, and regional disparities) are designed and implemented. The authors show that China's leaders have retained authoritarian political institutions, but have also reinforced and modified them, constructing fresh ones in the light of changing circumstances. Institutional and policy adaptations together have helped shore up political authority and create an environment for rapid growth, while accommodating growing diversity.



Confronting Discrimination and Inequality in China

Author : Errol Mendes

Publisher : University of Ottawa Press

Page : 439 pages

File Size : 36,39 MB

Release : 2009-04-18

Category : Political Science

ISBN : 077661780X

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Book Description

Confronting Discrimination and Inequality in China focuses on the most challenging areas of discrimination and inequality in China, including discrimination faced by HIV/AIDS afflicted individuals, rural populations, migrant workers, women, people with disabilities, and ethnic minorities. The Canadian contributors offer rich regional, national, and international perspectives on how constitutions, laws, policies, and practices, both in Canada and in other parts of the world, battle discrimination and the conflicts that rise out of it. The Chinese contributors include some of the most independent-minded scholars and practitioners in China. Their assessments of the challenges facing China in the areas of discrimination and inequality not only attest to their personal courage and intellectual freedom but also add an important perspective on this emerging superpower.



War with China

Author : David C. Gompert

Publisher : Rand Corporation

Page : 117 pages

File Size : 12,56 MB

Release : 2016-07-05

Category : History

ISBN : 0833091557

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Book Description

A Sino-U.S. war could take various, and unintended, paths. Because intense, reciprocal conventional counterforce attacks could inflict heavy losses and costs on both sides, leaders need options and channels to contain and terminate fighting.



Interpreting China's Grand Strategy

Author : Michael D. Swaine

Publisher : Rand Corporation

Page : 305 pages

File Size : 29,76 MB

Release : 2000-03-22

Category : Political Science

ISBN : 0833048309

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Book Description

China's continuing rapid economic growth and expanding involvement in global affairs pose major implications for the power structure of the international system. To more accurately and fully assess the significance of China's emergence for the United States and the global community, it is necessary to gain a more complete understanding of Chinese security thought and behavior. This study addresses such questions as: What are China's most fundamental national security objectives? How has the Chinese state employed force and diplomacy in the pursuit of these objectives over the centuries? What security strategy does China pursue today and how will it evolve in the future? The study asserts that Chinese history, the behavior of earlier rising powers, and the basic structure and logic of international power relations all suggest that, although a strong China will likely become more assertive globally, this possibility is unlikely to emerge before 2015-2020 at the earliest. To handle this situation, the study argues that the United States should adopt a policy of realistic engagement with China that combines efforts to pursue cooperation whenever possible; to prevent, if necessary, the acquisition by China of capabilities that would threaten America's core national security interests; and to remain prepared to cope with the consequences of a more assertive China.